Public Investment Fund

The Public Investment Fund (PIF, صندوق الاستثمارات العامة) is Saudi Arabia’s sovereign wealth fund, established on 17 August 1971. It is owned by the Government of Saudi Arabia; its chairman is Crown Prince Mohammed bin Salman and its governor is Yasir Al-Rumayyan. With assets under management on the order of USD 900 billion (2026), it is among the largest sovereign wealth funds in the world. PIF invests globally across many sectors — including Lucid Motors, Uber, SoftBank, Magic Leap and the gaming industry (stakes in Nintendo, Electronic Arts, Take-Two and others). In artificial intelligence, PIF owns Humain (launched in 2025), which develops AI technologies and infrastructure.